Market Trend

Between April 27, 2009 and May 08, 2009 the MCI index rose from 5562.8 to 5673.7, up by 110.9 points. Compared to the previous two weeks, little changes in the index were seen (during April 24 the index stood at 5698.0). This is likely attributed to a technical correction, as the market digests the recent developments. But in general, the market fundamentals appear to be holding up in supporting further index rises in the future. According to WitsView’s 1HMay panel price survey, among the 3 main applications, they rose by 1%~6%. Meanwhile, based on the Taiwan panel makers’ consolidated sales performance in Apr09, all four posted MoM sales increases. (AUO:10.1%;CMO:3.6%;CPT TFT unit:6.9%;Hannstar:52%). These numbers are fresh evidence of better market conditions.